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00000 E 40th Ave N

Wellington, KS 67152
  • $349,200
  • STATUS: Active
  • MLS #: 639701
$349,200
  • 0
    BEDS
  • 77.6
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Farm
County:

School Information

Elementary School:
Middle School:
High School:

Listing information © 2024 South Central Kansas MLS.
Listing provided courtesy of Heather Stewart of Coldwell Banker Plaza Real Estate .




Description

Income-Producing Property Discover the exceptional opportunity to own 77.6 acres of versatile, income-producing land situated in the countryside near Wellington Airport. This unique property not only offers the charm of rural living but also provides significant financial benefits through its diverse income streams. Whether you're an investor looking for a robust return or someone dreaming of a country lifestyle with financial benefits, this property has it all. Key Features: Royalty Interest (RI) Mineral Rights: The property includes valuable mineral rights, offering an oil production yield of approximately $7,000 to $10,000 annually. Enjoy the steady income from established oil production operations. Agricultural Income: With fertile land perfect for crop cultivation, this property generates an additional $4,000 to $5,000 per year from agricultural activities. Nature & Wildlife: A creek and draw run through a portion of the land, providing potential for various recreational activities for hunting or wildlife watching. Location: Conveniently located near Wellington Airport, this property combines the tranquility of country living with easy access to transportation and town amenities. Investment Potential: This versatile property is an excellent investment opportunity for those seeking to diversify their portfolio with real estate that offers both immediate and long-term financial returns. The combination of oil production and agricultural income ensures a steady revenue stream, making this land a wise choice for investors and landowners alike. Seize this unique opportunity to invest in a property that offers both immediate income and long-term potential. Contact us today to learn more or to schedule a viewing.

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This information is not verified for authenticity or accuracy, is not guaranteed and may not reflect all real estate activity in the market. ©2024 South Central Kansas MLS. All rights reserved. IDX information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 2024-06-14T00:00:51.263.
www.seewichitahomes.com/homes/151056871
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00000 E 40th Ave N Wellington, KS 67152

  • Price: $349,200
  • Status: Active
  • On Site: Days
  • MLS #: 639701
0
Beds
0
Baths
0
½ Baths
77.6
Acres
Neighborhood:
None Listed On Tax Record
County:
Sumner
Elementary School:
Eisenhower
Middle School:
Wellington
High School:
Wellington
School District:
Wellington School District (Usd 353)
Property Description
Income-Producing Property Discover the exceptional opportunity to own 77.6 acres of versatile, income-producing land situated in the countryside near Wellington Airport. This unique property not only offers the charm of rural living but also provides significant financial benefits through its diverse income streams. Whether you're an investor looking for a robust return or someone dreaming of a country lifestyle with financial benefits, this property has it all. Key Features: Royalty Interest (RI) Mineral Rights: The property includes valuable mineral rights, offering an oil production yield of approximately $7,000 to $10,000 annually. Enjoy the steady income from established oil production operations. Agricultural Income: With fertile land perfect for crop cultivation, this property generates an additional $4,000 to $5,000 per year from agricultural activities. Nature & Wildlife: A creek and draw run through a portion of the land, providing potential for various recreational activities for hunting or wildlife watching. Location: Conveniently located near Wellington Airport, this property combines the tranquility of country living with easy access to transportation and town amenities. Investment Potential: This versatile property is an excellent investment opportunity for those seeking to diversify their portfolio with real estate that offers both immediate and long-term financial returns. The combination of oil production and agricultural income ensures a steady revenue stream, making this land a wise choice for investors and landowners alike. Seize this unique opportunity to invest in a property that offers both immediate income and long-term potential. Contact us today to learn more or to schedule a viewing.
Property Features

Association YN No Builder Options Open Builder Current Financing Conventional Current Use TillableOther - See Remarks Improvements None Lot Size Area 77.6 Miscellaneous Features Mineral Rights IncludedNo Crops Included Other Structures None Ownership Individual Property Sub Type Farm Road Frontage Type Gravel Shape Location RectangularCorner Tax Annual Amount 546.72 Tax Year 2023 Topography RollingOther/See Remarks Transaction Type For Sale Utilities Electricity Zoning Agriculture

Listing courtesy of Heather Stewart of Coldwell Banker Plaza Real Estate: .


This information is not verified for authenticity or accuracy, is not guaranteed and may not reflect all real estate activity in the market. ©2024 South Central Kansas MLS. All rights reserved. IDX information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 2024-06-14T00:00:51.263.
 
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Pinnacle Realty Group
125 E 2nd St.
Wichita KS, 67202

Listing information © 2024 South Central Kansas MLS.
Listing provided courtesy of Heather Stewart of Coldwell Banker Plaza Real Estate .